Reinhart Mid Cap PMV Fund
Schedule of Investments
August 31, 2026 (Unaudited)

COMMON STOCKS - 95.3%

Shares  

Value  
Communication Services - 1.5%

Live Nation Entertainment (a)

            6,375

    $        1,146,799






Consumer Discretionary - 4.3%

Duolingo, Inc. (a)

            11,460

             1,700,206
Marriott International, Inc. - Class A

            2,180

             745,037
Tapestry, Inc.

            7,545

             930,977




             3,376,220






Consumer Staples - 7.9%

Coca-Cola Consolidated, Inc.

            8,400

             1,642,788
Dollar General Corp.

            14,700

             1,863,225
Sprouts Farmers Market (a)

            31,975

             2,623,229




             6,129,242






Energy - 1.8%

Baker Hughes, Class A

            22,460

             1,427,333






Financials - 22.2%

Affiliated Managers Group

            6,100

             2,245,959
American Financial Group

            8,900

             1,268,695
Fidelity National Financial

            33,800

             1,570,010
Fidelity National Information Services

            20,300

             827,631
First Citizens BancShares - Class A

            870

             1,883,028
Intercontinental Exchange

            13,800

             2,217,660
LPL Financial Holdings

            5,800

             2,146,783
M&T Bank

            5,300

             1,239,882
Progressive

            7,640

             1,666,131
White Mountains Insurance Group

            1,018

             2,139,846




             17,205,625






Health Care - 5.9%

Encompass Health

            19,000

             2,283,990
Lantheus Holdings (a)

            22,500

             2,271,600




             4,555,590






Industrials - 30.2% (b)

A O Smith Corp.

            30,570

             1,807,604
Acuity, Inc.

            6,670

             2,213,039
Allison Transmission Holdings

            10,500

             1,319,955
Copart, Inc. (a)

            25,205

             831,513
Insperity

            42,060

             2,243,901
Landstar System, Inc.

            7,000

             1,264,410
Paycom Software, Inc.

            18,725

             4,477,148
Sensata Technologies Holding

            51,500

             2,113,045
SS&C Technologies Holdings

            26,300

             2,182,111
TransUnion

            34,855

             2,959,538
U-Haul Holding, Series N

            34,200

             2,040,714




             23,452,978






Information Technology - 9.2%

Advanced Energy Industries, Inc.

            6,370

             1,763,598


Cognizant Technology Solutions - Class A

            17,285

             1,116,265
Keysight Technologies, Inc. (a)

            6,340

             2,045,918
Microchip Technology, Inc.

            29,890

             2,195,421




             7,121,202






Materials - 2.3%

Eagle Materials

            9,005

             1,749,311






Real Estate - 7.7%

Americold Realty Trust - REIT

            114,700

             1,714,765
Camden Property Trust - REIT

            23,340

             2,469,372
Rexford Industrial Realty - REIT

            48,875

             1,810,330




             5,994,467






Utilities - 2.3%

Xcel Energy, Inc.

            23,800

             1,801,422
TOTAL COMMON STOCKS (Cost $53,886,953)

             73,960,189






SHORT-TERM INVESTMENTS
MONEY MARKET FUNDS - 4.8%
Shares  

Value  
First American Treasury Obligations Fund - Class X, 3.60% (c)

            3,686,696

             3,686,696
TOTAL MONEY MARKET FUNDS (Cost $3,686,696)

             3,686,696






TOTAL INVESTMENTS - 100.1% (Cost $57,573,648)

             77,646,885
Liabilities in Excess of Other Assets - (0.1)%
(0.00063)
            (48,521)
TOTAL NET ASSETS - 100.0%




    $        77,598,364


Percentages are stated as a percent of net assets.



REIT - Real Estate Investment Trust
The Global Industry Classification Standard (“GICS®”) was developed by and/or is the exclusive property of MSCI, Inc. (“MSCI”) and Standard & Poor’s Financial Services LLC (“S&P”). GICS® is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services.


(a)

Non-income producing security.
(b)

To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially sensitive to developments that significantly affect that industry or sector.
(c)

The rate shown represents the 7-day annualized yield as of August 31, 2026.























Summary of Fair Value Disclosure as of August 31, 2026 (Unaudited)

Reinhart Mid Cap PMV Fund has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.
Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.
Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.
Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.
The following is a summary of the fair valuation hierarchy of the Fund’s securities as of August 31, 2026:



Level 1

Level 2

Level 3

Total
Investments:







  Common Stocks
    $        73,960,189

    $        –

    $        –

    $        73,960,189
  Money Market Funds
            3,686,696

            –

            –

            3,686,696
Total Investments
    $        77,646,885

    $        –

    $        –

    $        77,646,885




 

Refer to the Schedule of Investments for further disaggregation of investment categories.